Higher Education Support Act 2003
(a) a higher education provider to which a grant under this Part has been made fails to spend an amount of that grant; and
(b) the *Secretary determines in writing that this section is to apply to the provider in respect of that grant;
then so much of the unspent amount as the Secretary specifies is taken to be granted to the provider under this Part in respect of the next following year.46-35(2)
The amount is taken to be granted:
(a) under the same conditions as the conditions of the original grant - except the grant is taken to be made in respect of the next following year; or
(b) under such other conditions as are determined by the *Secretary.
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